City
Epaper

Sber500 invites applications for new startup accelerator programme

By IANS | Updated: March 20, 2025 21:36 IST

Moscow, March 20 Sber500, the international startup seed accelerator, on Thursday invited applications for new technology startups from different ...

Open in App

Moscow, March 20 Sber500, the international startup seed accelerator, on Thursday invited applications for new technology startups from different countries.

To participate, the startups must show a complete team, finished products, and first sales.

The programme will prioritise AI agents, AI assistants, and science-based solutions (DeepTech), as well as teams from the BRICS countries.

"125 startups, graduates of previous Sber500 seasons, have raised more than RUB 3.7 bn in investments and signed nearly 9,500 commercial contracts," said Alexander Vedyakhin, first deputy chairman of the Executive Board, Sberbank.

"The Sber500 seed accelerator gives technology companies access to international experts, Sber's partners, and investors," he added.

Vedyakhin informed that last year, every fourth application came from foreign startups from 28 countries.

"This year, we will be focusing on AI agents and DeepTech solutions, and we want to engage even more participants from abroad, especially from the BRICS countries,” he said.

The company noted that the accelerator programme will continue for about three months.

The participants will get to work with senior experts and mentors from 17 countries both in groups and individually.

About 150 startups are expected to participate in the online bootcamp (the first stage of the accelerator).

Specialists will help them adapt their strategy, prepare for scaling, strengthen their market position, and find partners for piloting.

Twenty-five finalists will continue their training. They will have access to 40 major Russian companies, various departments at Sber, hundreds of business angels, and venture funds.

The finals, demo day in Moscow, will see the startups pitch their solutions to executives of large companies and potential investors.

The deadline for applications is May 12, 2025, the company said.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

InternationalNepal, US hold talks on advancing economic cooperation during Gor’s Kathmandu visit

CricketHe stayed away from matches to avoid distraction, says Hussey on Dhoni's absence in stadium

National"Your warm wishes made the occasion more special": Devendra Fadnavis thanks PM Modi for extending greetings on Maharashtra Day

EntertainmentAfter ‘India’s Got Latent’ Controversy, Samay Raina and Ranveer Allahbadia Reunite on Kapil Sharma’s Netflix Special on May 2

NationalLabourers are architects of nation-building, says Karnataka CM Siddaramaiah on May Day

Business Realted Stories

BusinessRavi K assumes charge as HAL CMD, pitches AI-led transformation and global expansion

Business98.47 pc of Rs 2,000 notes returned since withdrawal announcement: RBI

BusinessATF prices for foreign airlines rise 5 pc for 2nd month, stays unchanged for domestic carriers

BusinessWest Asia crisis: Drone industry lauds govt's no-penalty relief for disrupted contracts

BusinessIndia in talks with Nepal for ethanol exports, exploring shipments to SAARC nations: GEMA President